Adecco Group AG (OTCMKTS:AHEXY) Short Interest Update

Adecco Group AG (OTCMKTS:AHEXY) was the recipient of a large growth in short interest in the month of December. As of December 31st, there was short interest totalling 52,400 shares, a growth of 54.1% from the December 15th total of 34,000 shares. Based on an average daily trading volume, of 519,000 shares, the days-to-cover ratio is presently 0.1 days.

Analyst Ratings Changes

Several equities research analysts have recently weighed in on the company. BNP Paribas upgraded Adecco Group to a “hold” rating in a research report on Tuesday, November 12th. Royal Bank of Canada upgraded shares of Adecco Group from a “hold” rating to a “moderate buy” rating in a report on Wednesday, November 6th. JPMorgan Chase & Co. initiated coverage on shares of Adecco Group in a research note on Thursday, December 5th. They issued an “underweight” rating on the stock. Finally, Deutsche Bank Aktiengesellschaft upgraded shares of Adecco Group from a “hold” rating to a “buy” rating in a research report on Wednesday, October 23rd. One equities research analyst has rated the stock with a sell rating, one has given a hold rating, one has assigned a buy rating and one has issued a strong buy rating to the stock. According to data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Adecco Group Trading Up 1.9 %

Shares of AHEXY stock opened at $11.55 on Thursday. The company has a market cap of $3.89 billion, a P/E ratio of 12.03, a PEG ratio of 1.38 and a beta of 1.39. Adecco Group has a fifty-two week low of $11.08 and a fifty-two week high of $22.28. The stock has a 50 day simple moving average of $12.79 and a two-hundred day simple moving average of $15.18. The company has a debt-to-equity ratio of 0.78, a quick ratio of 1.01 and a current ratio of 1.01.

Adecco Group Company Profile

Adecco Group AG, together with its subsidiaries, provides human resource services to businesses and organizations in Europe, North America, Asia Pacific, South America, and North Africa. It offers flexible placement, permanent placement, outsourcing, training, upskilling and reskilling, career transition and workforce transformation, consulting, talent academy, digital staffing solutions under the Adecco, Akkodis, General Assembly, Badenoch + Clark, Lee Hecht Harrison, pontoon, Spring Professional, Adia, Modis, and YOSS brand names.